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By Eswar Prasad and Karim Foda The global economic recovery remains stuck below takeoff speed, unable to achieve liftoff and facing the risk of stalling. Half-hearted fiscal austerity measures are proving to be a drag on growth and doing little to rebuild...

By Lenos Trigeorgis EU politicians have been locked in myopic and often self-defeating policies regarding bailout of troubled eurozone countries. They have insisted, in principle correctly, that troubled countries bring their finances to a sustainable...

By Michael Pomerleano Paradigms accepted as self-evident truths occasionally need to be re-examined. Corporate taxation is one of them. While governments are looking more and more for fiscal resources to fill budget gaps under the auspices of &ldquo...

European court ruled that stability mechanism was not contrary to EU law. Image by Getty By Professor Simon Deakin Courts don’t often try to decide the direction of economic policy. However, in effect, this is what the European Court has recently...

By Kevin P. Gallagher Negotiators will meet in Singapore this week for yet another round of talks on a Trans-Pacific Partnership – it is the 16th time in just a few years. A TPP would bring together key Pacific-rim countries into a trading bloc...